| Plan Name | HCL GLOBAL SYSTEMS 401(K) PLAN |
| Plan identification number | 001 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | HCL GLOBAL SYSTEMS, INC |
| Employer identification number (EIN): | 134309337 |
| NAIC Classification: | 541519 |
| NAIC Description: | Other Computer Related Services |
Additional information about HCL GLOBAL SYSTEMS, INC
| Jurisdiction of Incorporation: | Wyoming Corporations Division |
| Incorporation Date: | 2017-10-31 |
| Company Identification Number: | 000774473 |
| Legal Registered Office Address: |
30 N Gould St Ste 3271 Sheridan United States of America (USA) 82801 |
More information about HCL GLOBAL SYSTEMS, INC
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 001 | 2024-01-01 | SRIDEVI KALAGA | |||
| 001 | 2023-01-01 | ||||
| 001 | 2023-01-01 | SRIDEVI KALAGA | |||
| 001 | 2022-01-01 | K. SRIDEVI | 2023-12-06 | ||
| 001 | 2021-12-01 | ||||
| 001 | 2021-12-01 | SIVASEGARI MUTHIAH |
| Measure | Date | Value |
|---|---|---|
| 2023 : HCL GLOBAL SYSTEMS 401(K) PLAN 2023 401k financial data | ||
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total transfer of assets to this plan | 2023-12-31 | $0 |
| Total transfer of assets from this plan | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $3,031,982 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $514,502 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $480,488 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,363,526 |
| Value of total assets at end of year | 2023-12-31 | $4,665,722 |
| Value of total assets at beginning of year | 2023-12-31 | $2,148,242 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $34,014 |
| Total interest from all sources | 2023-12-31 | $3,678 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $89,050 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $89,050 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $215,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $2,126,860 |
| Participant contributions at end of year | 2023-12-31 | $69,135 |
| Participant contributions at beginning of year | 2023-12-31 | $9,379 |
| Participant contributions at end of year | 2023-12-31 | $3,132 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $236,666 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,517,480 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $4,665,722 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $2,148,242 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $30,434 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $4,593,455 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $2,138,863 |
| Interest on participant loans | 2023-12-31 | $3,678 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $575,728 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $480,488 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | SMITH & HOWARD |
| Accountancy firm EIN | 2023-12-31 | 581250486 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total transfer of assets to this plan | 2023-01-01 | $0 |
| Total transfer of assets from this plan | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $3,031,982 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $514,502 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $480,488 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,363,526 |
| Value of total assets at end of year | 2023-01-01 | $4,665,722 |
| Value of total assets at beginning of year | 2023-01-01 | $2,148,242 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $34,014 |
| Total interest from all sources | 2023-01-01 | $3,678 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $89,050 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $89,050 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $215,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $2,126,860 |
| Participant contributions at end of year | 2023-01-01 | $69,135 |
| Participant contributions at beginning of year | 2023-01-01 | $9,379 |
| Participant contributions at end of year | 2023-01-01 | $3,132 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $236,666 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,517,480 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $4,665,722 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $2,148,242 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $30,434 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $4,593,455 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $2,138,863 |
| Interest on participant loans | 2023-01-01 | $3,678 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $575,728 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $480,488 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | SMITH & HOWARD |
| Accountancy firm EIN | 2023-01-01 | 581250486 |
| 2022 : HCL GLOBAL SYSTEMS 401(K) PLAN 2022 401k financial data | ||
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $0 |
| Total transfer of assets from this plan | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $2,094,268 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $232,713 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $27,546 |
| Value of total corrective distributions | 2022-12-31 | $199,270 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,240,697 |
| Value of total assets at end of year | 2022-12-31 | $2,148,242 |
| Value of total assets at beginning of year | 2022-12-31 | $286,687 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $5,897 |
| Total interest from all sources | 2022-12-31 | $139 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $42,125 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $42,125 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $29,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $2,126,073 |
| Participant contributions at end of year | 2022-12-31 | $9,379 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $114,624 |
| Other income not declared elsewhere | 2022-12-31 | $15,820 |
| Administrative expenses (other) incurred | 2022-12-31 | $5,897 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $1,861,555 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,148,242 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $286,687 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $2,138,863 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $286,687 |
| Interest on participant loans | 2022-12-31 | $139 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-204,513 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $27,546 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | SMITH & HOWARD, PC |
| Accountancy firm EIN | 2022-12-31 | 581250486 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total transfer of assets to this plan | 2022-01-01 | $0 |
| Total transfer of assets from this plan | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $2,094,268 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $232,713 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $27,546 |
| Value of total corrective distributions | 2022-01-01 | $199,270 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $2,240,697 |
| Value of total assets at end of year | 2022-01-01 | $2,148,242 |
| Value of total assets at beginning of year | 2022-01-01 | $286,687 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $5,897 |
| Total interest from all sources | 2022-01-01 | $139 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $42,125 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $42,125 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $29,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $2,126,073 |
| Participant contributions at end of year | 2022-01-01 | $9,379 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $114,624 |
| Other income not declared elsewhere | 2022-01-01 | $15,820 |
| Administrative expenses (other) incurred | 2022-01-01 | $5,897 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $1,861,555 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $2,148,242 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $286,687 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $2,138,863 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $286,687 |
| Interest on participant loans | 2022-01-01 | $139 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-204,513 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $27,546 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | SMITH & HOWARD, PC |
| Accountancy firm EIN | 2022-01-01 | 581250486 |
| 2021 : HCL GLOBAL SYSTEMS 401(K) PLAN 2021 401k financial data | ||
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets to this plan | 2021-12-31 | $0 |
| Total transfer of assets from this plan | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $286,687 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $0 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $284,713 |
| Value of total assets at end of year | 2021-12-31 | $286,687 |
| Value of total assets at beginning of year | 2021-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $0 |
| Total interest from all sources | 2021-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $9,615 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $9,615 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $1,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $284,713 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $286,687 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $286,687 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $286,687 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $-7,641 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |